Intel Stock Plummets Nearly 6% in Thursday Trading

NEW YORK, NY – Shares of semiconductor giant Intel Corp (NASDAQ: INTC) experienced a significant downturn in morning trading on Thursday, April 11th. The technology company’s stock price fell sharply, reflecting considerable investor reaction during the session.
As of 11:13 AM EDT, Intel stock was trading at $18.69 per share. This marks a substantial decline of 5.99%, equating to a drop of $1.19 for the day.
The sharp decrease pushed the share price well below its previous closing value of 18 range throughout the morning hours.
The move represents a notable negative shift for the chipmaker’s stock on the NASDAQ exchange, drawing attention from market watchers monitoring the tech sector. Investors continue to track INTC’s performance amidst ongoing market dynamics.